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BTA Bank JSC &
Samruk-Kazyna Fund
Update Date: 02/04/09
Date Announced: 02/03/09
Value (million $USD): 2.09 billion U.S. Dollar
251.30 billion Kazakhstan Tenge
Status: Pending
TRANSACTION DETAILS
Date Announced02/03/09
Date Originally Announced02/03/09
FormatAcq. Maj. Int.Acquisition techniquesNot Applicable
AttitudeFriendlyAgencyn/a
Value2.09 billion U.S. Dollar
251.30 billion Kazakhstan Tenge
Advisor Feesn/a
SYNOPSIS
KAZAKHSTAN ? Kazakhstan state- owned Samruk-Kazyna Fund planned to acquire a 78% interest in BTA Bank JSC, a banking and financial services provider, for 251.3 bil Kazakhstan tenge ($2.094 bil US).
TARGET
NameBTA Bank JSC (Kazakh : BTAS)
IndustriesInvestment advice; Security and commodity services, nec
CityAlmaty
Staten/a
NationKazakhstan
Incorporated inn/a
Public StatusPublic
Business DescriptionBank TuranAlem is a banking and financial services provider headquartered in Almaty, Kazakhstan. It focuses on corporate and retail business, trade financing, SME crediting, leasing, pension funds, and stock market. The company was founded in 1925
AdvisorsNULL
Target Salesn/a
ACQUIROR
NameSamruk-Kazyna Fund
Industriesn/a
Cityn/a
Staten/a
NationKazakhstan
Incorporated inn/a
Public StatusGovernment
Business DescriptionSamruk-Kazyna Fund is a government welfare fund, headquartered in Kazakhstan.
AdvisorsNULL
Acquiror Salesn/a
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